Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.
CDPQ, the Carlyle Group and Stone Point Acquire Sedgwick in $6.7 Billion Transaction
- Client News
- December 31, 2018
Paul, Weiss advised Caisse de dépôt et placement du Québec (CDPQ) in its acquisition, alongside funds managed by the Carlyle Group and funds affiliated with Stone Point Capital, of Sedgwick for approximately $6.7 billion. Under the terms of the deal, the previous majority shareholder KKR fully exited its position, while CDPQ and Stone Point rolled the majority of their existing investments in Sedgwick. Sedgwick is a leading global provider of technology-enabled risk, benefits and integrated business solutions.
The Paul, Weiss team included corporate partner Adam Givertz and counsel Andrea Quek; tax partner Scott Sontag; antitrust counsel Marta Kelly; and international trade counsel Richard Elliott.